Nationally Known Sandwich Franchise
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $555000
Net Profit / Cash Flow $132940
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description This nationally-known sandwich franchise is located at a food court, situated in one of a major shopping malls on Long Island. The seller owns it for over five years; he, due to his full-time job in city, is unable to run it. The business is at the hands of the employees. The gross sale is between $550,000 to $600,000 a year. The seller's net cash flow, after paying all the expenses, is $10,000 a month. It is a 100% absentee owner business. A new buyer, with his personal involvement, can make a big change in his monthly cash flow. Location is such that when the shoppers have to flock to the mall, and after the shopping, they have to go to the designated food court to eat. If loccation is the most important fact to buy a food business, then this is the only one should endeavor to buy. For more information and address, call Syed at 631-374-7686. Because of a proof of funds, call the listing broker, Syed.
Click Here To Contact Seller
|
|